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203 - ETH in 2024

Bankless

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Decentralization and Layer 2 Solutions

This chapter explores the role of Layer 2 solutions within the Ethereum ecosystem, likening them to countries on a global map, each with its unique 'raison d'être.' The discussion emphasizes the tension between decentralization and market-driven solutions, examining how these concepts affect user adoption and innovation in blockchain technology. It also reflects on the resilience of decentralized systems compared to centralized entities, particularly in the context of past financial collapses.

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